Wilcon Depot, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 27, 2022 at 08:29 pm EDT
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Wilcon Depot, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 8,290.43 million compared to PHP 6,750.51 million a year ago. Net income was PHP 1,005.52 million compared to PHP 642.97 million a year ago. Basic earnings per share from continuing operations was PHP 0.25 compared to PHP 0.16 a year ago. Diluted earnings per share from continuing operations was PHP 0.25 compared to PHP 0.16 a year ago.
For the six months, sales was PHP 15,942.08 million compared to PHP 13,426.28 million a year ago. Net income was PHP 1,856.19 million compared to PHP 1,247.37 million a year ago. Basic earnings per share from continuing operations was PHP 0.45 compared to PHP 0.3 a year ago. Diluted earnings per share from continuing operations was PHP 0.45 compared to PHP 0.3 a year ago.
Wilcon Depot, Inc. is a Philippines-based home improvement and construction supplies retailer. The Company's product offerings include appliances, automotive, building materials, electrical, furniture, home interior, houseware, outdoor living, paints and sundries, plumbing, sanitary wares, tiles, tools, and hardware. The Company's brands include Accusharp, Acme, Air Purifier, Alphalux, Alpine, Ariston, Arkhon, Arm and Hammer, Armaly, Armor All, Arte Ceramiche, Bengal, Boss, Baron, Boss Pet, Basel, Bubba, Bsmall, Cifre, Grohe, Homebasix, Kasch, Pozzi, Quartex, Rocersa, Gardenia, Novabell, Zap, Zircon, Stn, Simple Spaces, Sista, Slime, Softaly, Sol Ceramica, Solignum, Solutherm, Stack On, Stanley, Sterilite, Gardner Bender, and more. The Company offers services, such as air-conditioned shops, ample parking spaces, coffee shops, delivery services, interior design consultation, recreation corner for children, tile-cutting services, product installations and repairs.